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Using the fiscal year end 2020 annual report for General Mills, Inc. and the figures from the 2020 annual report as noted below, calculate the
Using the fiscal year end 2020 annual report for General Mills, Inc. and the figures from the 2020 annual report as noted below, calculate the financial ratios for 2020 and 2019 indicated using the EXCEL template provided:
- Gross profit percentage
- Return on sales
- Asset turnover
- Return on assets
- Return on common stockholders’ equity
- Current ratio
- Quick ratio
- Operating-cash-flow-to-current-liabilities ratio
- Accounts receivable turnover
- Average collection period
- Inventory turnover
- Days’ sales in inventory
- Debt-to-equity ratio
- Times-interest-earned ratio
- Operating-cash-flow-to-capital-expenditures ratio
- Earnings per share
- Price-earnings ratio
- Dividend yield
- Dividend payout ratio
Total assets 2020 = $30,806.7
Total stockholders’ equity 2020 = $8,349.5
Total current liabilities 2020 = $7,491.5
Accounts receivable 2020 = $1,615.1
Inventory 2020 = $1,426.3
Year-end closing stock price May 2020 = $58.80
Year-end closing stock price May 2019 = $53.56
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